Ethereum ETH -2.57% core developer Tim Beiko and Ethereum Foundation member Trent Van Epps jointly released a proposal to allocate 200,000 ENS to support Protocol Guild Pilot.
Protocol Guild Pilot aims to develop a decentralized tool whose contracts will act as an autonomous value routing mechanism, allowing projects to distribute governance tokens to organizations and individuals who contribute to the project.
The proposal states that the value of allocating 200,000 ENS is to incentivize core Ethereum contributors, allow contributors to participate more in governance, and make protocol governance more decentralized.
Previously, members of the Protocol Guild Pilot have initiated proposals in Lido and the Uniswap UNI -3.44% community to allocate 2 million LDOs and 500,000 UNIs to the organization.